We present our new photometry of DV Psc obtained in 2010 and 2011, and new spectroscopic observation on Feb. 14, 2012. During our observations, three flare-like events might be detected firstly in one period on DV Psc. The flare rate of DV Psc is about 0.017 flares per hour. Using Wilson-Devinney program, we derived the preliminary starspot parameters. Moreover, the magnetic cycle is 9.26(±0.78) year analyzed by variabilities of Max.I -Max.II.